USDC dominance. Where do we go next?To be honest, I do not really believe we will fall much more lower, as you can see we are currently in oversold area per RSI, hence we will might see upcoming correction on ALTs and BTC
As for me, PATIENCE is the virtue, so I would rather stay out of any position, except shorts and await for more transparent market conditions
Usdtdominance
#USDT.DOMINANCE 4Hr UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If USDT dominance follows this then we may see a big dump in the BTC price.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
Trading should be dealt with by trading strategy, not analysis.hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(USDT + USDC 1W chart)
In the investment market, we believe that analysis data is what allows individual investors to make subjective guesses.
Among these analysis data, I think that the data analyzed based on global economic analysis and global issues are even more so.
Therefore, when viewing analysis data based on global economic analysis and global issues, it is recommended to check after making your own trading strategy.
It is a warehouse where funds flow into and out of the coin market, and it can be seen that this is done through stable coins.
Therefore, in order for the coin market to show an upward trend, a rise in USDT or USDC must be preceded.
In order to make a profit in the investment market, it is not to buy or sell based on this analysis.
A trading strategy must be established in order to earn a profit in the investment market.
Without the trading strategy itself, profits are just luck, and the more you trade, the more you will turn into losses.
If you are not familiar with trading in the investment market, that is, the coin market or the stock market, we recommend that you do not read articles analyzed on global economic analysis, world issues, etc.
It is only necessary to practice developing your own trading strategy with the flow of the chart.
If you can establish a trading strategy, you will no longer see analysis articles such as global economic analysis and global issues.
Trading strategies can be divided into three broad categories.
1. Investment period
2. Investment scale
3. How to trade
1. Investment period
In order to determine the investment period, a number of factors are taken into consideration.
Among them, it is important to check which coin ecosystem you belong to and whether the ecosystem is expanding.
If you can't verify this, you should proceed with a short trade as a short trade.
If you don't have enough time in a day to look at charts and trade, we recommend investing in coins (tokens) with high market capitalization.
It is not recommended to change the investment period as you proceed with the trade, as the trade itself is likely to be twisted.
In other words, you bought it as a short-term trade, but you cannot sell it at the Stop Loss point and should not hold it for a long period of time because the price has fallen and turned into a loss.
If you initially set up your trading strategy with short trades, it is always a good idea to close your trades with short trades.
This will increase your chances of successfully closing the next trade you start.
This is because this phenomenon greatly affects the transaction depending on the psychological state.
The investment period can be extended if the price is rising and you are making a profit.
However, it is important to take profits in the section section by split selling.
2. Investment scale
The size of the investment should be dealt with in consideration of how you will manage your total investment.
For example, I started to buy in order to make an investment in the medium to long term.
At this time, if you use all your funds to buy and run out of cash, psychological anxiety increases as the investment period increases, increasing the likelihood of closing the trade before the full-fledged uptrend begins.
Therefore, the management of funds is essential to proceed with the transaction.
3. Transaction method
One thing to consider in your trading method is to create a trading strategy that will reduce your losses.
To do so, a Stop Loss point is essential.
At this Stop Loss point, you have to decide whether to sell 100% or partially sell to utilize your funds.
When you are recording a loss, changing the Stop Loss point should be oriented.
This is because it is more likely that the investment period will change among the trading strategies established before you start trading.
You need to decide the number of divisions and the number of divisions, and think of a stop loss point and method suitable for it.
The reason for the split purchase is to lower the average purchase price, so you should not buy according to the price just because the price rises.
So, you should make an effort to look at the chart and see if there is support or resistance at the support and resistance points.
Whether you are supported or resisted at support and resistance points is a know-how that can only be acquired through many trades, so it can only be achieved with steady effort.
Among the trading methods, another question to consider is whether to obtain cash income or increase the number of coins (tokens).
Cash returns are best obtained by trading short-term spot or perpetual futures whenever possible.
As a trading method to increase the number of coins (tokens), if the price rises for each purchase unit price, 1. Selling according to the yield such as 10% or 20%, 2. Split selling at support and resistance points.
When selling, it is recommended to sell in installments with the purchase principal (+ transaction fee x2 to x20 included).
This will increase the number of coins (tokens) along with some cash income.
The increase in the number of coins (tokens) varies according to the size of your funds, the amount you purchase, and the number of transactions.
This method is especially effective when used in a downtrend.
If all of the purchase principal is recovered in this way, the remaining coins (tokens) are coins (tokens) corresponding to net profit, so the purchase price is 0.
If you increase the number of coins (tokens) with a purchase unit price of 0 in this way, you can maintain psychological stability even after many transactions, making trading enjoyable.
When trading short-term spot or perpetual futures to earn cash returns, you should invest in a primary position and a secondary position separately.
Spot short-term trades are not available on this chart because you cannot trade "SHORT".
You can buy by referring to the MRHAB-T index, the Long/Short-S index, and the CCI-C index.
In perpetual futures trading, set the main position to 'LONG' and trade when the 1D chart is on an upward trend or on an upward candlestick.
()
1. Check whether it is supported or resisted by the HA-Low, HA-High, and MACD-T indicators,
2. In the Long/Short-S indicator, check whether the RSI indicator and the Stoch RSI indicator are in the overbought or oversold section,
3. On the CCI-C indicator, you should check whether the CCI line is maintaining an uptrend or a downtrend at the -100, 0, +100 points or the EMA line.
Based on this verified information, you can create a trading strategy.
------------------------------------------------
(USDT.D 1M Chart)
The reason we look at the USDT dominance chart is that it is a stablecoin with a high market cap ranking.
When funds flow into the coin market through USDT, the USDT dominance also rises.
Therefore, the USDT, USDC, USDT.D, and USDC.D charts show an overall upward trend.
This is a prerequisite.
If the USDT, USDC, USDT.D, and USDC.D charts show a downtrend, the coin market will panic and a huge downtrend will follow.
However, USDT Dominance and USDC Dominance may show a short-term decline as funds are used for trading in the coin market.
This short-term downtrend will be a bull market for the coin market.
From this point of view, USDT dominance should fall below the 4.97-5.53 range, which will increase the likelihood that the coin market will start a bull market.
(1W chart)
So, the key is whether it can move below the 4.97-5.53 section along the downtrend line.
------------------------------------------------------------ ----
(BTC.D 1W Chart)
BTC Dominance does not see any involvement in the rise or fall of BTC price.
As BTC dominance rises or falls, I think it is the basis for determining whether funds are concentrated on the BTC side or the altcoin side.
Therefore, it is not possible to understand the flow of funds only with the BTC Dominance Chart.
However, if the BTC dominance drops below the 39.56-40.44 range, the possibility of large volatility in the BTC price increases.
Judging from the previous chart's movement, I would expect the price of BTC to drop sharply.
However, since the movements of the USDT, USDC, USDT.D, USDC.D, BTC, and ETH charts are showing movements that have not been experienced before, it is difficult to predict in which direction the volatility will actually occur.
Therefore, rather than proceeding with the overall trend of the coin market, it is recommended to proceed with the transaction according to the trading strategy of the coin you are trading.
When establishing a trading strategy for the coin you want to trade, if you create a trading strategy in consideration of the overall flow of the coin market, you can create a wrong trading strategy, so you should try to create an individual trading strategy.
With the trading strategy created in this way, you will be able to complete the transaction stably by making small changes according to the overall trend of the coin market and proceeding with the transaction.
Before looking at individual coin charts, I think that by looking at these charts that give you a brief overview of the flow of money, you can make your trading strategy easier.
This flow of money precedes all the material in the media.
Please don't focus on how far the price will rise or how far down.
Such thoughts only hinder the subjective judgment of one's own psychological state in establishing a trading strategy.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
---------------------------------
USDT.D is at critical supportHi Traders,
The USDT dominance is at critical support now.
Two possible scenarios:
1. Crypto DOOM (85% probability)
2. Crypto BOOM (15% probability)
Keep an eye on it, I think the whole crypto market will keep bullish movements until the end of Aug, and we will see a significant correction in all markets in Sep.
Please hit the boost button if you agree.
Thanks.
New update for USDT Dominance Hi my friends
I attach my previous post so you can see it isexactly behave as I expected. From now by the situations of onchain data the US interest rates we can expext the USDT.D to continue the analysis
You can trade buy that on BTC and also after that on altcoins .
I published previous idea on the bitcoin dip and now I prefer to increase my portfolio on the pullback of usdt.d to 6.5-7%
Have a hood day
Be happy
NFA
USDT DOMINANCE UPADTE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
Update: In this 2-day TF, the USDT.D is at the 6% support level. We can either expect a bounce back from this level or we may see the USDT.D reaching down to support 2 at 4.8% to 3%.
RSI: The RSI is making a hidden bullish divergence which is quite interesting to see.
Conclusion: Things are pretty tight and trading in this kind of situation is quite risky. Please note that this chart is in a higher TF so shorter TF scalping is better caused the market will be volatile.
I hope this update was helpful for you.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#USDT.D Update!After a strong bullish move, we've seen a downward trend in USDT dominance and currently it is moving in a descending triangle.
As this a strong demand zone and also it is rejecting from the trend-line resistance, so breakout of the trend-line resistance would be a bullish sign for USDT dominance.
Descending triangle have a higher possibility of a breakdown and that would be a strong indication of it's bearish trend and a bullish rally in crypto market as it plays opposite to the crypto market.
Dominance of stable coins in an important regionJust remembering that the dominance of stable coins is inversely correlated to the price of other cryptocurrencies.
When dominance rises, the price of Bitcoin, Ethereum and other cryptos commonly fall.
We are on an ABC correction within the bearish leg of wave 5.
The yellow circles demonstrate an important pullback region, where we are right now.
The chart is dangerously inside a bullish descending wedge.
I believe the value will break out of the red bearish channel going up, and retest the rectangular region (0.214 retracement).
In my opinion, this will be the moment of truth.
If stable coins do not break this retraction, we will have new lows.
On the other hand, if they break out of this region going higher, we will have a longer leg up.
In a short-term optimistic scenario, the value could break out of this red channel going lower, and retest the last low, what would be bullish for non-stable cryptocurrencies.
Below is a parallel scenario of the Bitcoin chart.
Vertical green lines demonstrate pullback points.
In Bitcoin's bullish channel, it remains to be seen whether the price will stay above the middle of this channel, or if it will go all the way to the bottom.
USDT Dominance correction then bullish continues. UpdateHello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Monitor the price in the circles.
Good Luck.
If its useful please like it as a support and follow me for next analysis :)
USDT DOMINANCE FORMING BEARISH FLAGE PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE UPDATE
USDT dominance breaks down this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop according to the pattern.
If it breaks this red line resistance the chart will be invalided.
stay tuned
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#Stable Dominance giving us a hint for a green weekend!!USDT Dominance is in play.
Testing the blue EMA right now after the breakdown.Although this is a 4 hour chart but most of the people trade on leverage so keep in mind an hourly full candle close above the 6.28% followed by a confirmation candle would mean I will close my long positions manually and this chart will be invalidated.
Unlikely, but you never know. Always be prepared for the worst.
I am holding Long positions right now.
Let me know what you think. Do hit the like button and share your views in the comment section.
Thank you
#PEACE
⚡️BTC/USDT QUICK UPDATE⚡️Hello, traders welcome you all to this BTC quick chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that BTC broke above the triangle pattern and dropped again at the lower green support level.
In the current scenario, BTC bounces from the green support zone again and currently trading above the red MA support.
The upside moment is likely towards $23700 is likely in the upcoming hours.
$23700 is the level to watch which BTC needs to break above to rally its upper price levels.
Rejection will lead BTC again to drop at the lower green support level.
Let’s see how BTC moves in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
USDT DOMINANCE: long term update!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE UPDATE
We have this green line as support if it breaks down it confirms the bull market as it did the last time for more info observe the chart.
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE
let's see how the 4 hours candle close.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT.DOMINANCE 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If Dominance does a triangle break down from here then we can see that Dominance almost 8% dump to which Altcoin and Pump will happen
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
⚡️TETHER/DOMINANCE 1HR UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart that USDT DOMINANCE moved well and got rejected from the mid-trend resistance and moving downside.
Here we need a close below the 6.22% level for confirmation which will lead dominance towards the lower trend support.
Things will be in the right direction until USDT DOMINANCE holds this 6.43% or trade below.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see that according to our previous update ETH moving upside well, it bounce right from the lower trend line in support of the triangle pattern and gained above.
In the current scenario, ETH is trading on a support level and higher chance to grow above from current level until ETH holds this level.
Candle close below lower trend line support will lead ETH to drop down towards the lower trend green support level.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC 4HR CHART UPDATE⚡️Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the chart mentioned above that nothing has changed in the 4hr time frame, BTC is still trading at the support zone and holding red MA well.
According to the current scenario, BTC broke a dissenting triangle and is currently traded above after a support level retest.
Until BTC holds this level chances to grow above the side are high.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
USDT.DOMINANCE 6Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
In current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print down fall.
As majority coins are already down by 15% - 20% gain above will lead more red candles at ALT COINS.
Rejection will bring relief to alt coins or break above will lead USDT DOMINANCE towards the upper trend line resistance at 6.7% level which will be unsatisfactory for alt coins
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
⚡️TETHER/DOMINANCE 1HR UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As our last USDT dominance update worked well and it broke above the falling channel and bounced 5.5% already from the break-out point.
In the current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print downfall.
As the majority of coins are already down by 15% - 20% gain above will lead to more red candles at ALTCOINS.
Rejection will bring relief to altcoins or a break above will lead USDT DOMINANCE towards the upper trend line resistance at the 6.7% level which will be unsatisfactory for altcoins.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETH 4HR CHART UPDATE⚡️Hello, traders welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As ETH is trading inside a rising parallel channel for the last 46days it got rejected from upper trend line resistance and continuously dropped downside after breakdown to the green support level of $1660.
In the current scenario, ETH heading towards the lower mid-trend line support which ETH needs to hold to regain upright, candle close below trend line support will lead ETH to drop to a lower green support level of $1450.
If it breaks down the lower trend line support then it can move down to the lower support zone.
Let’s see how the price reacts in the upcoming hours.
Here we need a trend reversal to go long until then stay aside and wait for the right time to get in.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC AT SUPPORT LEVEL⚡️Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC got rejected and meltdown by 7% from the upper trend line resistance level, it's currently trading on a green support level of $22.9k.
BTC needs to hold this level to regain its upper resistance level again.
As BTC holds this level well, chances for upright movement are likely in upcoming candles.
Here BTC is getting also support from red MA.
Candle close below this level will be
Unsatisfactory for bull and it can move down again to its lower green support of $20.9k.
If it bounces back from this level we can go long from this level but first, we need confirmation.
So stay tuned with our updates we will be posting a few trade setups according to market conditions.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️ETC/USDT LONG TRADE SETUP⚡️ETC currently retesting the upper trend line and we can go long from the current level for short-term gains.
#LONG ETC/USDT
ENTRY: BUY AT CMP AND ADD MORE TO $38.660
TARGET : 15% - 20%
STOP LOSS: $37.617
LEV : 10X - 20X
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.